Colombia - Sodium Triphosphate (Sodium Tripolyphosphates) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSodium Triphosphate Price in Colombia - 2022
Contents:
- Sodium Triphosphate Price in Colombia (CIF) - 2022
- Sodium Triphosphate Price in Colombia (FOB) - 2022
- Sodium Triphosphate Imports in Colombia
- Sodium Triphosphate Exports in Colombia
Sodium Triphosphate Price in Colombia (CIF) - 2022
The average sodium triphosphate import price stood at $2,328 per ton in February 2022, declining by -7.1% against the previous month. In general, import price indicated tangible growth from February 2021 to February 2022: its price increased at an average monthly rate of +4.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, sodium triphosphate import price increased by +84.4% against July 2021 indices. The most prominent rate of growth was recorded in December 2021 an increase of 37% month-to-month. The import price peaked at $2,505 per ton in January 2022, and then contracted in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was the Czech Republic ($3,071 per ton), while the price for Kazakhstan ($1,328 per ton) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Sodium Triphosphate Price in Colombia (FOB) - 2022
The average sodium triphosphate export price stood at $2,217 per ton in 2022, approximately reflecting the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 5.4% against the previous year. Over the period under review, the average export prices reached the peak figure at $2,335 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($2,312 per ton), while the average price for exports to Costa Rica amounted to $1,082 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+4.1%), while the prices for the other major destinations experienced a decline.
Sodium Triphosphate Imports in Colombia
In 2022, approx. 6.8K tons of sodium triphosphate (sodium tripolyphosphates) were imported into Colombia; growing by 5.5% on 2021 figures. Overall, imports, however, recorded a relatively flat trend pattern.
In value terms, sodium triphosphate imports fell to $8.4M in 2022. The total import value increased at an average annual rate of +5.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 31%. As a result, imports reached the peak of $9.6M, and then reduced in the following year.
| Import of Sodium Triphosphate in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.6 | 3.7 | 4.8 | 4.3 | 6.1% |
| Belgium | 1.4 | 1.3 | 2.0 | 1.8 | 8.7% |
| Canada | 1.4 | 1.5 | 1.3 | 1.2 | -5.0% |
| Germany | 0.4 | 0.4 | 0.5 | 0.5 | 7.7% |
| Russia | 0.2 | 0.2 | 0.4 | 0.4 | 26.0% |
| Czech Republic | 0.2 | N/A | 0.3 | 0.2 | 0.0% |
| Kazakhstan | N/A | 0.1 | 0.2 | N/A | 100.0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 7.2 | 7.3 | 9.6 | 8.4 | 5.3% |
Top Suppliers of Sodium Triphosphate to Colombia in 2022:
- China (3391.4 tons)
- Belgium (1450.6 tons)
- Canada (927.3 tons)
- Russia (533.5 tons)
- Germany (303.1 tons)
- Czech Republic (176.1 tons)
Sodium Triphosphate Exports in Colombia
Sodium triphosphate exports from Colombia contracted significantly to 7 tons in 2022, with a decrease of -35.6% on the year before. In general, exports showed a deep reduction. The growth pace was the most rapid in 2021 with an increase of 248%. As a result, the exports attained the peak of 11 tons, and then shrank sharply in the following year.
In value terms, sodium triphosphate exports fell sharply to $16K in 2022. Overall, exports saw a noticeable contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 258%. As a result, the exports reached the peak of $24K, and then fell rapidly in the following year.
| Export of Sodium Triphosphate in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 11.1 | 5.2 | 12.0 | 15.0 | 10.6% |
| Costa Rica | 0.4 | 0.6 | 0.4 | 0.6 | 14.5% |
| Venezuela | N/A | 1.0 | 8.8 | N/A | 780.0% |
| Dominican Republic | N/A | N/A | 3.1 | N/A | 0% |
| Panama | 1.0 | N/A | N/A | N/A | 0% |
| Mexico | 5.5 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 18.0 | 6.8 | 24.4 | 15.6 | -4.7% |
Top Export Markets for Sodium Triphosphate from Colombia in 2022:
- Ecuador (6.5 tons)
- Costa Rica (0.5 tons)
This report provides an in-depth analysis of the sodium triphosphate market in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20134270 - Sodium triphosphate (sodium tripolyphosphates)
Country coverage:
- Colombia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Colombia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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